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Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.85%

Published 15/11/2015, 13:15
© Reuters.  Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.85%

Investing.com – Saudi Arabia equities were lower at the close on Sunday, as losses in the Hotels & Tourism, Multi Investment and Building & Construction sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 2.85% to hit a new 52-week low.

The biggest gainers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE:4210), which rose 11.16% or 2.50 points to trade at 24.90 at the close. Saudi Printing & Packaging Company (SE:4270) added 6.44% or 1.30 points to end at 21.50 and Alinma Tokio Marine Co (SE:8312) was up 5.32% or 1.00 points to 19.80 in late trade.

Biggest losers included Fitaihi Holding Group (SE:4180), which lost 7.76% or 1.35 points to trade at 16.05 in late trade. Etihad Atheeb Telecommunication (SE:7040) declined 7.26% or 0.45 points to end at 5.75 and United Int Transportation Company (SE:4260) shed 7.22% or 3.50 points to 45.00.

Declining stocks outnumbered rising ones by 161 to 5 on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was down 2.42% or 1.01 to $40.74 a barrel. Meanwhile, Brent oil for delivery in January fell 1.59% or 0.72 to hit $44.47 a barrel, while the December Gold contract rose 0.19% or 2.10 to trade at $1083.10 a troy ounce.

EUR/SAR was down 0.34% to 4.0418, while USD/SAR rose 0.03% to 3.7513.

The US Dollar Index was up 0.33% at 98.89.

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